4557 Wharf Road, Cardigan, Prince Edward Island C0A 1G0

Listed for:
$449,000
0 beds
0 baths
Listed 213 days ago
4557 Wharf Road, Cardigan, Prince Edward Island C0A 1G0

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About

Here is your opportunity to own a beautiful waterfront restaurant in Cardigan, PEI. Cardigan Lobster Suppers and 1888 Pub have been serving fresh local seafood and meats for over 40 years and are one of the highest-rated dining destinations in the area on Tripadvisor. This is a true turn-key sale, offering a fully equipped operation ready for its next owner to step in and succeed. The property features over 10,000 square feet of finished space with 50 feet of waterfrontage overlooking the marina, along with two large decks and ample paved parking to accommodate large groups. Upstairs is equipped with heat pumps providing both heating and air conditioning. The lower level was previously operated as a bar and includes a dance floor, sound system, and lighting, offering additional revenue potential. Also downstairs is a 150-lobster holding tank to support the delivery of fresh, local seafood. This heritage-designated building may qualify for heritage funding opportunities, adding further value for future improvements or preservation. In addition to its established restaurant use, the property presents exciting redevelopment potential, with the possibility of conversion into 6 to 8 residential apartments (subject to applicable approvals). A rare chance to acquire a well-established business, a landmark property, and a versatile investment all in one. All measurements are approximate and should be verified by the purchaser if deemed necessary. (id:27476)

Property Highlights

MLS® Number
202518230
Type
Business
Community Name
Cardigan
Ownership Type
Freehold
Land Size
2 ac|1 - 3 acres

Building

Storeys
3.00
Square Footage
10500 sqft
Amenities
Air Conditioning, Living Accommodation Water Nearby
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Drilled Well

Location

Learn more about this property
Listing provided by:
CENTURY 21 NORTHUMBERLAND REALTY
MLS® number:
202518230
Agent:
Andrew Brown
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